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Wire · operational-macro

UPI to remain free for consumers, small merchants unaffected by MDR debate

7 August 2026 · By · Wire by Fusion42

Published

7 August 2026

Topic

operational-macro

◆ Sectors

Fintech

◆ Geography

India

◆ Source

Read at thestatesman.com →

◆ Verified

Fusion42 · 29 August 2026 · Fusion42 review

The Payments Council of India has confirmed that UPI transactions will remain free for consumers and small merchants will not be charged merchant discount rates, ensuring continued inclusivity in India's digital payments ecosystem despite ongoing discussions about sustainable infrastructure funding.

This Wire brief sits within Fusion42's coverage of Fintech, and 7 sources have reported it between 7 Aug 2026 and 10 Aug 2026.

◆ ◆ The Wire takeaway

You can keep offering free UPI payments to consumers and small merchants without changes to your pricing model. Start preparing for possible future shifts in infrastructure funding that may affect larger merchants or payment processors.

◆ Coverage

7 sources · first reported 7 Aug 2026 · latest 10 Aug 2026

◆ Related on Wire

◆ Topics

Fintechupidigital-paymentsmerchant-chargespciindia